22 Oct 2018
A new collaboration involing the Central Bank of Nigeria (CBN), the Nigeria Communication commission (NCC) and the Telecommunication Companies (Telcos) would strengthen efforts to clampdown on SIM identity theft fraudsters in the country. To this end, they would embark on intensive public education, using the social media, the Director of Banking and Payment System Department…
23 Jul 2018
A growing number of Nigerians are now afraid to borrow money from the banks, not just for their inability to pay back, but that they would pay twice what they suppose to pay at the end of the transactions.
8 Jul 2018
Recently, there have been reported cases of robbers snatching people’s Automated Teller Machine (ATM) cards to withdraw money; using Point of Sale (PoS) device to accomplish their criminal acts.
2 Jul 2018
There is an upsurge in attempt for electronic fraud in the country despite the concerted efforts to check the menace, but the rate of success has continued to decline, the Nigeria electronic Fraud Forum (NeFF) said.
20 Nov 2017
The Central Bank of Nigeria (CBN) has claimed success in checking Internet fraudsters in the banking sector through various measures to prevent hacking into customers’ accounts.
12 May 2017
The Central Bank of Nigeria (CBN) is to increase its oversight on the nation’s payment systems aimed at reducing rising cases of fraudulent activities associated with electronic financial transactions.
24 Apr 2017
Less than one month after the take-off of the nationwide cashless initiative, the Central Bank of Nigeria (CBN), has directed Deposit Money Banks to suspend charges on over-the-counter and Automated Teller Machine withdrawals worth more than N500,000 or deposit of same amount.
10 Apr 2017
Mr. Kruger Denis, is the Head, Sub-Sahara Africa, SWIFT (Society for Worldwide Interbank Financial Telecommunication), a global provider of secure messaging services.
3 Mar 2017
Mixed reactions have continued to trail the reintroduction of bank charges by the Central Bank of Nigeria (CBN) on cash deposits and withdrawals.
24 Feb 2017
To curtail cybercrime in Nigeria and other parts of Africa, experts have canvassed a stricter and multi- pronged approach.
17 Feb 2017
Scheduled for February 23, 2017 at the Federal Palace Hotel, Victoria Island, Lagos by 9:00 a.m., the theme of the conference is “Monitoring, Detection and Prevention: Keys to Organisational Growth.”
3 Jan 2017
Skye Bank Plc emerged “The Most Committed Watch Listing Bank in Nigeria” out of four corporate awards that were up for grabs at the Nigeria Electronic Fraud Forum (NeFF) Annual Dinner and Awards, which held in Lagos recently.